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  • İncelemeler (14)
  • Yorumlar (1)
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DrawDown Limiter

5

Drawdown Limiter EA

You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account.

Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified. I am an EA automated trader, and I developed this utility to help me respect this rule, and I am proposing it here to help you too. This EA is ideal for protecting your balance if you are trading manually, via copy trading, or EA trading with a prop firm or on your own.

DrawDown limiter will help you in:

  1. Tracking the account drawdown
  2. Tracking the daily trader drawdown
  3. Prevent you from overtrading by limiting open position
  4. Alert you when you are taking high-risk trades
  5. Tracking your EA portfolio one by one
  6. And the most important is protecting your account from breaching the drawdown and overtrading threshold.

The expert advisor’s essential nction is to monitor all the activities on the account, if it was a manual or automated trade by another expert advisor. In two clicks you can configure it. And once on your chart, you will first notice a "Traffic Lights" on your screen. It's "Traffic Lights" feature will keep you informed about the KPI in a simple graphical manner. The position and style of the traffic lights can is super customizable to match your chart's style.

"Draw Down Limiter" is designed to respect the major prop firm rules. The EA is compatible with FTMO and My Forex Funds. Please check how on this blog: FTMO rules compatible EA: DrawDown Limiter. If you are trading from the USA and you have FSA regulations to respect, DrawDown Limiter is compatible with the NFA FIFO rule. Please check the following blog for details:  DrawDown Limiter compliance with NFA Rule 2-43b FIFO rule


If you are interested to get a FREE EA that automatically toggle "Algo Trading" ON and OFF based on your drawdown, don't hesitate to contact me once you purchase DrawDown limiter to share it with you for free.

Need help or have questions? Check DrawDown Limiter User Guide

I am Lio, don't hesitate to reach out!  We are always available to respond, help, and improve.


İncelemeler 14
Hugalv16
34
Hugalv16 2023.10.10 19:31 
 

Must have tool if you are EA trading on a prop firm account, also the developer provides excellent customer support plus updates.

MikeJePan s.r.o
178
Mike Pan 2023.10.08 17:56 
 

The best Support team on whole MQL5 marketplace. Have video and text FAQ for every question and responding to DMs in a couple of minutes!

Gabriel Weinberg
45
Gabriel Weinberg 2023.09.08 12:38 
 

Haven't used DrawDown Limiter on a live account yet, but it seems to be working great! It seems reliable and trustworthy. Lio has obviously worked on it a lot and thought about all scenarios and different prop firm requirements. The EA is highly customizable to fit any needs. Yet simple to understand and intuitive. Documentation for it is great as well, complete with videos and FAQ. Like it was mentioned, I got the free Algo Trading Disabler for free right away. The communication with Lio was really good and he genuinely seems to care and take suggestions into account. All in all, you can confidently buy this EA if you're considering it.

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Konstantin Kulikov
4.5 (10)
Birkaç yıldır kullandığım çok yararlı bir robotu tanıtıyorum. Hem yarı otomatik hem de tam otomatik modlarda kullanılabilir. Program, ekonomik takvim haberlerinde esnek ticaret ayarlarını içeriyor. Stratejiler test cihazında kontrol edilemez. Sadece gerçek bir iş. Terminal ayarlarında, haberler sitesini izin verilen URL'ler listesine eklemeniz gerekir. Servisler > Araçlar > Danışmanlar'a tıklayın. "Aşağıdaki URL'ler için WebRequest'e İzin Ver:" kutucuğunu işaretle. Aşağıdakini ekleyin (boşluğ
97 USD
EmoGuardian
Samuel Bandi Roccatello
5 (1)
EmoGuardian helps you manage your emotions and avoid impulsive trading. It can also be used to impose limits on the trading operations taken by EAs. Attention: since this EA is a utility, it won't work on the strategy tester. Complete, detailed manual at this link:  https://www.mql5.com/en/blogs/post/753194 DAILY LIMITS: Set a minimum equity level in the account currency Set a maximum equity level in the account currency Set a max loss per day in currency  Set a max gain per day in currency Set
63 USD
Trade Copy is an EA-shaped tool that replicates the trades done on a Meta Trader 5 to all Meta Traders 5 opened on same computer. Is useful if you want to trade more than once account yours or if you want to work with third party account management. Demo version:  https://www.mql5.com/pt/market/product/40906 MT4 version:  https://www.mql5.com/pt/market/product/40902/ Configurations: MAIN OPTIONS Idiom - change to English or Portuguese. Copy trades from - specify if the trades will be copied fro
99 USD
Binance Future için Mt5 botu (Uzman) Sistem Binance Future pazarında çalışıyor. İşlemleri otomatikleştirmek için kolayca kendi kodunuza entegre edebilirsiniz. Manuel çalıştırma paneli mevcuttur. Hedge modu uyumlu. Tüm işlemler ekrandan manuel olarak yapılabilmektedir. Aynı anda birçok kripto parayı kontrol etmenin en etkili yoludur. Ekran, Binance ekranlı şablon tipindedir. Şablon dosyasını linkten indirebilirsiniz. https://drive.google.com/file/d/1WHqGhym0QIK31l7kwfit9_tXb7YbqS
300 USD
Elliott Wave Helper
Siarhei Vashchylka
4.91 (11)
Elliott Wave Helper - a panel for making elliott wave and technical analysis. Includes all known wave patterns, support and resistance levels, trend lines and cluster zones. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Making wave analysis and technical analysis in a few clicks 2. All Elliott wave patterns available, including triangle and combinations 3. All nine wave display styles, including a special circle font 4. E lements of technical analysis : trend lines
79 USD
Notify To Telegram MT5 Expert Advisor will send notifications via Telegram when orders are opened/modified/closed on your MetaTrader 5 account. Send message to person, channel or group chat.  Easy to customize message.  Support custom message for all languages Support full Emoji.  Parameters Telegram Bot Token - create bot on Telegram and get token. Telegram Chat ID    - input your Telegram   user ID,   group /   channel ID, use comma to input multi chat ID as chat_id_1, chat_id_1 Magic number f
79 USD
CAP RSI Trade EA MT4 trades using the RSI Indicator. It offers many customizable RSI trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode.  Functions Easy to use and customizable RSI setting. Customizable indicator settings Built-in money management Grid trading when trade in Loss Customizable break-even, SL, TP and trailing-stop Filter trading by multiple forex sessions Built-in news
299 USD
Yazarın diğer ürünleri
FVG EA Pro
Haidar, Lionel Haj Ali
5 (15)
FVG EA PRO   is a must-have smart money concept EA, highly customizable and using advanced techniques of FVG "Fair Value Gap" and market structure to capture high probability trades.  It is highly configurable,  you can build various strategies based on market structure and FVG as entry criteria. FVG EA PRO can be used to trade Kill Zones and Silver Bullet Windows. It is fully compatible with swing trade strategies. It contains all the functionalities  needed by any  successful traders to automa
249 USD
DrawDown Limiter MT4
Haidar, Lionel Haj Ali
5 (9)
Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
59 USD
ICT Silver Bullet MT4
Haidar, Lionel Haj Ali
5 (12)
ICT Silver Bullet If you are searching for a reliable indicator to trade the ICT Silver Bullet concept, or ICT concepts, Smart Money Concepts, or SMC, this indicator will respond to your need!  This indicator will help you identify the following: FVG - fair value gaps Market structure: BOS and CHOCH. It is based on ZIGZAG as it is the most subjective way to do it. ICT Silver Bullet windows and related notifications when it starts and when an FVG appears  Swing High and low that are potential b
39 USD
ICT Silver Bullet MT5
Haidar, Lionel Haj Ali
5 (16)
ICT Silver Bullet If you are searching for a reliable indicator to trade the ICT Silver Bullet concept, or ICT concepts, Smart Money Concepts, or SMC, this indicator will respond to your need!  Before version 2.2, this indicator was focused only on ICT Silver Bullet, but moving forward, we will include the different elements for smart money concept trading. This indicator will help you identify the following: FVG - fair value gaps Market structure: BOS and CHOCH. It is based on ZIGZAG as it is
39 USD
Step Ahead
Haidar, Lionel Haj Ali
5 (8)
"Step Ahead" is the ultimate breakout expert advisor The basic strategy is trading breakouts from a time range. It takes a start time and an end time as inputs. The EA sets breakout trades at the end of the ranges and manages the trades via breakeven and trailing stops mechanisms. The trades will be closed if SL or TP hits, and you can configure to close all open trades and orders at a specific time as part of the range settings. The strategy requires an SL for each trade. It is not a risky stra
129 USD
T Manager Plus, the ultimate trade management solution designed by traders for traders. If you are searching for a simple and efficient trade panel, trade manager, or trade assistant, you are at the right place. T Manager Plus includes advanced charting utilities with a single goal to help traders analyze, plan, execute, and manage their trades on a single platform. The market contains a diverse number of those tools, but   this one is designed by traders for traders . I designed this tool, an
35 USD
T Manager Plus, the ultimate trade management solution designed by traders for traders. If you are searching for a simple and efficient trade panel, trade manager, or trade assistant, you are at the right place. T Manager Plus includes advanced charting utilities with a single goal to help traders analyze, plan, execute, and manage their trades on a single platform. The market contains a diverse number of those tools, but   this one is designed by traders for traders . I designed this tool, and
35 USD
Breakout Momentum  is an automated scalper for EURUSD. Its strategy takes advantage of "false breakout", "breakout", and "raids on liquidity" above and below current marketplace prices. It is effective in both raging and trending markets. It shows promising results during backtesting using "every tick based on real tick" mode. it is also proving itself on a real account. Check Live Signal on  Live Signal 1 - EURUSD Where does it work the best?   The default parameters are optimized to suit th
49 USD
T Manager, the ultimate trade management solution designed by traders for traders. If you are searching for a simple and efficient trade panel, trade manager, or trade assistant, you are at the right place.   The market contains a diverse number of those tools , but this one is designed by traders for traders . I designed this tool, and I am using it daily. Take my advice and stop buying tools blended with un-useful features that you will never use, T Manager provides you with the essential ye
30 USD
T Manager, the ultimate trade management solution designed by traders for traders. If you are searching for a simple and efficient trade panel, trade manager, or trade assistant, you are at the right place.   The market contains a diverse number of those tools , but this one is designed by traders for traders . I designed this tool, and I am using it daily. Take my advice and stop buying tools blended with un-useful features that you will never use,   T Manager provides you with the essential
30 USD
Trendy Tunnels MT5
Haidar, Lionel Haj Ali
5 (1)
Trendy Tunnels an expert advisor that automats a low-risk high-reward strategy. Introducing our new MQL5 Expert Advisor, Trendy Tunnels! This trading system follows the trend by analyzing two moving averages tunnels of different periods, combined with real-time analysis of price action and ADX indicator readings for confluence.  It is a trend-follower system. You can take advantage of booking profits from more significant trends while minimizing risk and maximizing returns. The expert advisor au
30 USD
Trade The Box
Haidar, Lionel Haj Ali
Trade the   BOX   It is the must-have utility to help you automate the execution of your trading plan, managing scale-up, partial profit booking, and trade managing. It is very intuitive. You need to load it on a chart, set your trading plan, select your range with the BOX, and double-click to activate the trades.   Trade the   BOX   will take it over, ensuring your trading plan is mechanically executed without deviation. As it is a bot handling your trades, Scalpers, you will adore this utili
30 USD
Trade the   BOX   It is   the must-have utility   to help you automate the execution of your trading plan, managing scale-up, partial profit booking, and trade managing. It is very intuitive. You need to load it on a chart, set your trading plan, select your range with the BOX, and double-click to activate the trades.   Trade the   BOX   will take it over, ensuring your trading plan is mechanically executed without deviation. As it is a bot handling your trades, Scalpers, you will adore this u
30 USD
Filtre:
Hugalv16
34
Hugalv16 2023.10.10 19:31 
 

Must have tool if you are EA trading on a prop firm account, also the developer provides excellent customer support plus updates.

Haidar, Lionel Haj Ali
11405
Geliştiriciden yanıt Haidar, Lionel Haj Ali 2023.10.10 19:47
I want to thank you for your awesome review
Igor Isakov
695
Igor Isakov 2023.10.10 08:03 
 

Kullanıcı incelemeye herhangi bir yorum bırakmadı

Haidar, Lionel Haj Ali
11405
Geliştiriciden yanıt Haidar, Lionel Haj Ali 2023.10.10 08:24
Hey Igor, thanks a lot for this detailed review, I appreciate it, and I am very happy to have you as one of my clients. Thanks again
MikeJePan s.r.o
178
Mike Pan 2023.10.08 17:56 
 

The best Support team on whole MQL5 marketplace. Have video and text FAQ for every question and responding to DMs in a couple of minutes!

Haidar, Lionel Haj Ali
11405
Geliştiriciden yanıt Haidar, Lionel Haj Ali 2023.10.08 17:57
Thanks mike for your review, I really appreciated your review.
Gabriel Weinberg
45
Gabriel Weinberg 2023.09.08 12:38 
 

Haven't used DrawDown Limiter on a live account yet, but it seems to be working great! It seems reliable and trustworthy. Lio has obviously worked on it a lot and thought about all scenarios and different prop firm requirements. The EA is highly customizable to fit any needs. Yet simple to understand and intuitive. Documentation for it is great as well, complete with videos and FAQ. Like it was mentioned, I got the free Algo Trading Disabler for free right away. The communication with Lio was really good and he genuinely seems to care and take suggestions into account. All in all, you can confidently buy this EA if you're considering it.

Haidar, Lionel Haj Ali
11405
Geliştiriciden yanıt Haidar, Lionel Haj Ali 2023.09.08 12:50
Thanks a lot for the detailed review really appreciate it ⭐⭐⭐⭐⭐
Menewy Jerry
23
Menewy Jerry 2023.08.19 20:52 
 

very good EA and Great support team

Haidar, Lionel Haj Ali
11405
Geliştiriciden yanıt Haidar, Lionel Haj Ali 2023.08.19 20:55
Thanks a lot, happy to have you part of my clients
Milldoku
555
Milldoku 2023.08.16 00:53 
 

nice tool and communicative seller. Recommended.

Haidar, Lionel Haj Ali
11405
Geliştiriciden yanıt Haidar, Lionel Haj Ali 2023.08.16 06:33
Thanks a lot! Much appreciated 👍
Zheng Chen
193
Zheng Chen 2023.07.31 20:45 
 

For the Drawdown Limiter, I must say it's an excellent product, undoubtedly the best one in its category. The outstanding customer service further adds to its appeal, with responses coming in within proximately half a day, showcasing their promptness. The author behind this product is approachable and communicates effortlessly, making interactions a breeze. Moreover, I suggested the idea of incorporating multiple magic numbers to enhance its flexibility, which the author readily accepted and embraced. In conclusion, I highly recommend the Drawdown Limiter to anyone in need of such a solution. Its unmatched quality, exceptional customer service, and the author's receptive nature make it a standout choice among its peers. Don't hesitate to give it a try; you won't be disappointed.

Haidar, Lionel Haj Ali
11405
Geliştiriciden yanıt Haidar, Lionel Haj Ali 2023.07.31 20:49
I want really to thank you for this detailed review, thanks a lot, I am really happy to have you in my client circle.
elean_trading
27
elean_trading 2023.07.24 21:25 
 

Kullanıcı incelemeye herhangi bir yorum bırakmadı

Haidar, Lionel Haj Ali
11405
Geliştiriciden yanıt Haidar, Lionel Haj Ali 2023.07.24 21:29
Thanks a lot for your review, much appreciated ⭐⭐⭐⭐⭐
Nithin Paul Elbin Sudakar Paul
150
Nithin Paul Elbin Sudakar Paul 2023.07.12 21:28 
 

It has saved my funded today from getting f**ked. Excellent little helper tool!

Haidar, Lionel Haj Ali
11405
Geliştiriciden yanıt Haidar, Lionel Haj Ali 2023.07.12 21:31
Thanks for the review, Super happy for you :) , today was a bad day for me too, luckily I have drawdown limiter running and stopped everything on time.
Ben K
74
Ben K 2023.06.30 07:53 
 

saved my account 2 times in less than the first 24 hours of using it! not only that Haidar is a cool guy and can tell he really wants to help, telling all my friends to install this first before you do anything! Must have!

Haidar, Lionel Haj Ali
11405
Geliştiriciden yanıt Haidar, Lionel Haj Ali 2023.06.30 07:55
I am very happy of your review! Thanks Ben and wish you safe trading with drawdown limiter.
CosMean
393
CosMean 2023.06.29 13:12 
 

Great product and very useful. Amazing communication with the developer. He is very receptive to new ideas. He liked my idea to be able to limit DD per magic number - should you have multiple copiers or EAs -> this way good performers won't be "punished" by the DD of a bad performer Hopefully we will see this feature live soon - as per his promise it should be in the next release. Thank you very much :)

Haidar, Lionel Haj Ali
11405
Geliştiriciden yanıt Haidar, Lionel Haj Ali 2023.06.29 13:54
Thanks a lot for the review and your trust! Much appreciated.
Alex
73
Alex 2023.06.05 19:49 
 

Great product and great experience with communication from the seller. Any questions he answered clearly and quickly. 100% recommend this product if you are looking for an equity protector that works well for Prop firms and Daily Drawdown limits. Will keep and eye on this seller for future products.

Haidar, Lionel Haj Ali
11405
Geliştiriciden yanıt Haidar, Lionel Haj Ali 2023.06.05 20:01
Thanks a lot, Alex, I really appreciate your review.
hikari678
366
hikari678 2023.05.24 08:29 
 

Very good tool for prop firm account protection. Also the author is a very nice person/developer provids very good support.

Haidar, Lionel Haj Ali
11405
Geliştiriciden yanıt Haidar, Lionel Haj Ali 2023.05.24 08:56
Thanks a lot 😊 Happy to have you in my happy client circle.
David Hausberger
690
David Hausberger 2023.05.12 20:48 
 

Really good and cheap DD Limiter . Great Work

Haidar, Lionel Haj Ali
11405
Geliştiriciden yanıt Haidar, Lionel Haj Ali 2023.05.12 20:50
Thanks for the feedback, much appreciated 👍
İncelemeye yanıt
Sürüm 3.7 2023.10.11
Set by default the flag to activate the rollover security zone to false
Solve bug of closing trades in rollover security zone when DD is set in money
Solve bug of closing trades in rollover security zone when multiple instances of DD limiter are used
Adding auto-close trades on a specific day and time
Sürüm 3.6 2023.08.12
Security Zone has it is own percentage, and user can decide to close all trades in the security zone with a lower percentage than the daily DD
One instance of DD limiter can now manage multiple EA
Better labeling of the DD details panel
Adapt the traffic light to 4K screen resolution
Solve race condition between DD limiter and Algo Trading Disabler - Algo trading will only be disabled after all positions are closed by DD limiter
Sürüm 3.5 2023.07.13
Better handling reset when using a specific range
Optimization of checks to consume less memory and cpu
Sürüm 3.3 2023.07.05
Adding control by EA number so you can manage drawdown by a given EA (portfolio management)
Adding the capacity to launch multiple DrawDown limiters on the same account (make sure to choose different magic numbers)
Solve a minor issue in commission Calculation for MT5 only
Extra check on inputs before starting the EA
Add close of charts if DD reached
Adjust the decimal display in the details view to take two decimals for DDD and GDD
Sürüm 3.2 2023.06.24
Add decimals to "Max % or Money Value" in risk per trade section
Sürüm 3.1 2023.06.07
Adding the feature to alert the user when a trade is set with no stop loss
Adding the feature to alert the user when a trade is not respecting the user's risk per trade, % from balance, % from equity, or money value
Sürüm 3.0 2023.05.23
The Traffic light position and colors are now customizable to allow it to match your style
All actions taken by the EA can also be sent as push notifications - make sure to have the proper configuration in the tools -> options menu
DrawDown Limiter is now NFA FIFO compatible
Add the checks of floating Profit of open position before end of the day: End of Range Security Zone
Add the option to calculate daily drawdown from which is higher equity or balance on range reset
Sürüm 2.4 2023.05.15
If you are using the "DrawDown limiter" from another EA, you can also depend on it when MAX consecutive trades or Max range trades are reached
This version gives priority to the drawdown check, then the max position in the range, and then the max open positions
This version solves blinking when comments are active
Sürüm 2.3 2023.04.15
Partial take profits are no more considered unique trades (some limitations on MT4, please read the blog)
Adding an option to manage global account drawdown and its traffic light
Adding the possibility to monitor open positions and traffic light
Remove the option of a confirmation message before the terminal close when the threshold is reached as not useful in the current state
Adding the possibility to close extra trades on tick
Sürüm 2.2 2023.04.07
- Adding customization for text
- Adding a feature to hide text and gain space on charts
- Adding Traffic Lights to informed about your drawdown and trades threshold
Sürüm 2.1 2023.04.04
Adding Drawdown calculation as fixed money value
Adding a max number of trades per range
Adding different options to prevent overtrading (I do recommend you to learn discipline)
Sürüm 2.0 2023.03.22
Add the option to select drawdown calculation from Balance, Equity, or Initial deposit
Add swap and commission calculation for running positions
Normalize error and info messages
Add security checks on input parameters
Publish an MT4 version
Sürüm 1.3 2023.03.21
Minor Display modifications
Sürüm 1.2 2023.03.20
Adding the possibility to calculate drawdown from the current balance on a new period
Adding the possibility to close the terminal when draw down reached
Sürüm 1.1 2022.12.31
Minor changes in comments format
Prevent two DrawDown Limiter from running on the same account
Adjust default parameters to run once every 5 seconds